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Shopify

Investors cool to record Shopify quarter as company cautions outsized gains may not continue [Video]

Companys stock fell after it said that the pandemic has created distorting effects on the economy and that demand for its services depends on changing external factors

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Ecommerce

Microsoft Teams With Elon Musks SpaceX to Push Cloud Battle With Amazon Into Orbit [Video]

Microsoft will help connect and deploy new services using swarms of low-orbit spacecraft being proposed by SpaceX, part of an initiative targeting commercial and government space businesses that comes just months after Amazon disclosed its own space-focused effort.

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Ecommerce

Amazon Accused of Using Monopoly Power as E-Commerce Gatekeeper [Video]

A House antitrust panel this week zeroed in on Amazon.com and how the online retailer wields its market power in e-commerce to further strengthen its position.

Categories
Ecommerce

Justice Department Appeals Injunction Against WeChat [Video]

The Trump administration filed court papers seeking to overturn a federal magistrates ruling that stopped a U.S. ban on Chinas ubiquitous messaging and e-commerce app WeChat.

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Shopify

Shopify yet to inform federal privacy commissioner of data breach involving rogue employees [Video]

Under the Personal Information Protection and Electronic Documents Act, it is mandatory for companies to report breaches to the privacy commissioners office